Legacy Hotels Real Estate Investment Trust Reports Second Quarter Results New tax legislation results in non-cash $35 million ($0.29 per unit) future income tax provision

From: CCNMatthews Newswire | Date: August 2, 2007 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - Aug. 2, 2007) - Legacy Hotels Real Estate Investment Trust ("Legacy" or the "Trust") (TSX:LGY.UN) today announced its financial results for the quarter and six months ended June 30, 2007. All amounts are in Canadian dollars unless otherwise indicated.

"Our second quarter results were in-line with our expectations. The particular strength experienced in the second quarter of 2006 limited second quarter growth achieved in 2007. Year-to-date operating resu...

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